but then again, nobody ever likes to hear the truth when they are the ones holding...
Look people there is alot to be excited about in the oil industry, and MEO is not one of them...
Over the last year--> we have seem all sorts...
we saw a fake rally from 16c to 55c, I looked straight through it, because it was based on manipulation... I took a hammering as I watched the sp rally 2 bagger for no reason....
then at the beginning of 2009, a rally from 10-> 30c... was overdone in my opinion, but was slightly appropriate with Zeus...
and now a rally from 6c to 13c... .... ... .. . the lows get lower... the highs get lower... the rallys are not sustained for longer...
some times its a pity.....the drill bit never looks after you...
so what does mean have... NWS, and 6MMCF flow rate of SFA...
the ball stops when funds run low, and MEO have been lucky to date to get fund raising support...
MEO Price at posting:
12.5¢ Sentiment: Sell Disclosure: Not Held
